Anytime a big time meet is run,they need sponsors.The only sponsors in powerlifting,or the only consistant sponsors,are the gear makers.Inzer and Titan single handidly have kept many meets afloat by providing the promoters free gear to sell at their meets.They have litterally paid for many lifters to travel to meets and sponsor the world teams and pay for much of the expense,not to mention that they sponsor individual guys with gear.They are what keeps this sport going.
The AAU was far from perfect, but they sponsored the meets. Powerlifters wanted to create their own rules, so broke away. Now the guys who manufacture the bedsheets sponsor the meets. There's some irony in that.
Anyway, the athletes make up their own rules in these orgs. Yeah, those 700+ benchers with the shirts are still LEGIT VERY STRONG. It's just that most cannot do a LEGIT 700 lb. bench.
"Credit" is given when earned.